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By requesting this report, you acknowledge the following disclaimer:

Some information contained in this report may be compiled from third party sources we consider to be reliable. However, we do not guarantee and are not responsible for the accuracy of such. The views expressed in this document are not necessarily those of Willis Towers Watson or Oxford Analytica, who accept no responsibility for the content or quality of any third party websites or publications to which we refer.

This publication and all of the information material, data and contents contained herein are for general informational purposes only, are not presented for purposes of reliance, and do not constitute risk management advice, legal advice, tax advice, investment advice or any other form of professional advice. This publication is for general discussion and/or guidance only, is not intended to be relied upon, and action based on or in connection with anything contained herein should not be taken without first obtaining specific advice from a suitably qualified professional.

Value at Political Risk (VAPOR) estimates average annual losses and probable maximum losses for political risk events over time. VAPOR allows for global views and country comparisons across all perils and industries for more than 160 countries.